Vale director Tito Martins to be new CEO
Vale director Tito Botelho Martins will be named the company's new chief executive, reports a local newspaper.
Central Rand Gold to shut down
Central Rand Gold is to halt underground mining operations but will reassess its prospects by the end of October.
Harmony cut costs at Hidden Valley
Harmony Gold says it has cut costs at the Hidden Valley mine in Papua New Guinea, though it also experienced unscheduled "mechanical downtime" on an ore conveyer.
Marcus appeals to nationalisation backers
Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.
First Uranium ‘to pay’ Simmers debt
The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.
Rio content with lesser stake in Riversdale
Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.
Zim plan wrecks Aquarius shares
Shares in Aquarius Platinum have tumbled amid Zimbabwe's plans to force companies to sell 51% of local assets to indigenous people.
Glencore pushes ahead with $10bn IPO
Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.
Deadline moved for online mines system
The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.
Grow iron ore exports, not steel
Kumba Iron Ore reckons South Africa's iron ore business has a far more attractive future than the country's steel sector and government intervention needs to be "carefully evaluated".